The organization and manipulation of government debts (to finance budget deficits and development projects) have been core components of world capitalism’s real history for centuries. The system fosters those swindles. The system also rejects or ignores the critics of those swindles including Modern Monetary Theorists, Marxists, and “populists” of varying persuasions. Change comes when finally, the swindle’s critics and its victims merge to end it.
